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November 3, 2021 · earnings

CVS earnings: a positive outcome, +5.7%

On November 3, 2021, CVS HEALTH Corp reached its earnings. The result was a positive outcome, and the stock moved +5.7% in the window around the event. It had already run +6.5% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$91.15
1d before
$96.34
Event day
$94.49
1d after
$93.76
5d after

Pre-catalyst setup

+6.5%
30-day run-up
1390%
30-day volatility
1.4×
volume spike